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forgets that president clinton raised taxes on the wealthy and created 22 million jobs. president bush cut taxes on the wealthy and created 1 million jobs. so his economic expertise is a little behind here. but the truth of the matter is, everybody voted in this election, the president said he would raise taxes on people earning over $250,000. that's what he's going to do. that's what's going to happen. he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority than in a democracy than people who talk about elections. >> ryan, that does seem to be the point. republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's certainly true you have a large number of americans, 60%, according to a "washington post" abc news poll who favor raising taxes on folks earning more than $250,000 a year. but there are a couple other things to keep in mind, as well. president obama often talks about returning to clinton era tax rates.
on their first $250,000 on income and for income above that amount, people would go back to paying the clinton era rates. the republican position with a few exceptions, like tom cole, is you know what, too bad. nobody gets tax relief. we republicans will hang out right for that 2%. >> let's talk about the president's position on this. times done changed is perhaps an understatement. my paraphrase of your words. the president in a "new york times" piece today calls attention to the way the president was talking about putting revenue on the table in 2011 versus 2012. he was talking about ending deductions and closing loopholes as a primary way to get revenue on the table which is a different position than he has now. play that sound for everybody so they can remember. sorry. it's a full screen. i will read the quotation. what we said was give us $1.2 trillion in additional revenues which could be accomplished without hiking tax rates but simply accomplished by eliminating loopholes, some deductions and engaging in a tax reform process to lower rates generally while broadening the base. that is d
that rate to 39.6% where it was during the clinton administration. what else is in this new gop proposal? >> reporter: let's show you some of the savings when it comes to government spending. first of all, they put about $600 billion in what the republicans are calling health savings. we understand -- we don't have details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equatio
of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her if she ran but what chatter are you hearing around the white house about that? >> reporter: democratic sources tell me the secretary of state just hasn't decided yet. she's still in the process of mulling over this decision. having said that, they also tell me that the political operation is doing what they need to do to preserve the right to run if that's what she decides to do in 2016. that's playing out behind the scenes. publicly we've seen this unfold for quite some time. her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for president obama to return the favor
partner at hamilton place strategies kiki mclean, senior adviser to the 2008 hillary clinton presidential campaign. good morning. >> good morning. >> tony, do republicans sit back and wish governor sununu would quit talking? >> not only is it offensive to a large part of the lack trat, it happens to be wrong. republicans did very well and in fact governor romney did very well among lower income voters. so it's wrong but we shouldn't be talking that way. we should be talking about all americans and economic opportunity for all americans and trying to achieve that. that's the important thing. >> governor sununu of course has made controversial comments before. let me play for you what he said about president obama after the first presidential debate back in october. >> what people saw last night i think was a president that revealed his incompetence, how lazy and detached he is and how he has absolutely no idea how serious the economic problems of the country are. >> john sununu also suggested race was a motivating factor for colin powell to support president obama for president. is there r
the president and our leaders, republican and democrat, sit across the table the way they did with bill clinton, the way they did with ronald reagan, and the way you get things done in washington, rather than saying hey, would you stick with grover norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would be up to the people who would be sitting across the table from each other. we cannot go over this fiscal cliff, no matter what people on both ends of the political spectrum say. i believe that there was a popularity poll in case you missed it where now members of congress rank just above car salespeople and i'm a great admirer of car salespeople, you know. it's not even astonishing and it angers me beyond belief, even journalists rank higher than members of congress. >> former senate majority leader george mitchell knows what it's like to be in the middle of the debate. he joins me now. senator mitchell, you more or less have been in john boehner's shoes. you were a congressional l
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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